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Dec 27, 2007 11:19 EEST
December 27 (SeeNews) - The Moldovan central bank (BNM) sold 52 million lei ($4.6 million/3.2 million euro) in three Treasury bill issues as yields on all three issues fell, BNM said on Thursday.
Primary dealers placed bids for 67.4 million lei worth of government securities at an auction on December 25, the BNM, which sells the T-bills on behalf of the Finance Ministry, said in a statement.
Yields on the 91-day T-bills fell to16.42% from 16.47% at the previous auction held last week. Dealers wanted to buy 27.3 million lei worth of T-bills versus 26 million lei on offer.
The 182-day T-bills yielded 16.95%, lower than 17.10% in the previous auction held on December 18. The BNM received bids for 20 million lei versus 12 million lei on offer.
The yield on the 364-day T-bills fell slightly to 16.82% from 16.86% at the previous auction on December 18 as dealers placed bids for 20 million lei worth of T-bills against 14 million lei on offer.
(1 euro=16.421 Moldovan lei)
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